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Risk Factors In An Industry Of Risk-Takers

The booming U.S. oil and gas industry has prospered thanks to technology advances, stable commodity prices and the mighty shales. But there are always challenges.BDO, an advisory firm, recently surveyed risk factors cited in the most current 10-Ks of the 100 largest publicly traded exploration and production (E&P) companies in the U.S. While the usual risk suspects surfaced—regulatory changes and commodity price volatility—additional threats drew emphasis. Most significant were the attraction and retention of leadership talent and the challenge of economically recovering undeveloped reserves.This year, 80% of companies said finding...